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Posted: Friday Aug 24, 2012

August 24, 2012

Saint Vincent College Alex G. McKenna School of Business, Economics and Government has announced that it will present a special two-part public education series on personal financial planning this fall.

The series will open with CNBC Commentator Steve Cortes at 7:30 p.m. Thursday, Sept. 13 in the Fred M. Rogers Center. His lecture is titled, “When Going Against the Herd Can Pay Off.”

Mr. Cortes started in financial markets in 1994 as a government bonds salesman for Prudential. In 1998, he left sales to trade independently, using technical black-box models on global government bond markets. In 2002, he started Veracruz, a research consulting firm that provides real-time market research to broker/dealers, hedge funds and sovereign wealth funds. Veracruz research covers global markets from equity sectors to currencies to fixed income. The firm produces ETF Ladder sector ranking for individual investors.

Concurrent with running Veracruz, Mr. Cortes continues to proprietarily trade and provides frequent on-air analysis as a contributor to CNBC’s Fast Money Halftime Report. He is the author of Against the Herd: Six Contrarian Investment Strategies You Should Follow.

He graduated from Georgetown University where he was nominated by the University for a Rhodes Scholarship, played varsity football and was named a George F. Baker Scholar. He lives in Chicago with his wife and four children.

He will be introduced by the Archabbot Douglas R. Nowicki, O.S.B., chancellor of Saint Vincent College.

The second presentation in the series will be Lorin Lacy and Tom Tomczyk, principals with Buck Consultants, a global human resources consulting firm on Thursday, October 18. Their talk will focus on health care reform.

“We recognize that everyone has been affected by the economic downturn,” Mark Abramovic, instructor in finance and coordinator of the series, said. “We have organized this series for the regional community to bring together some of the top experts in the fields of investing and human resources to share their expertise and answer relevant questions.

“The purpose of the series is to bring relevant information to the residents of the Westmoreland County area communities that they can use in their personal financial plans,” Mr. Abramovic added. “During this period of economic difficulties, individuals are very concerned about what has happened to the economy and they want to know what is going to happen over the next several months and years and how they will be personally impacted. While we know that no crystal ball exists to answer these specific questions, we believe that these speakers can address some of the issues and concerns that people are struggling with these days.”

“Both of the lectures will start at 7:30 p.m. and end at 8:30 p.m. and will be followed by a 30-minute question and answer session.

The series will be presented in the Fred M. Rogers Center at Saint Vincent College. Admission is free but pre-registration is requested to ensure adequate seating by contacting Saint Vincent College Office of Event and Conference Services at 724 805-2177.


Photo: Steve Cortes 


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